Friday, June 20, 2014

CIBC lawsuit - Update II

Week 2 complete with another to go before the possibility of a default judgement. Realistically it ain't gonna happen but one never knows.

This fool will have the paperwork ready and this particular battle would be an ultra cool one to pull off. Instantly putting the other side on it's fully dopey heels (at great expense) goes a ways in winning the war.

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Things are getting too surrealistic now citizens. Observe what CIBC Investor's Edge says to it's public TODAY ...
"Monthly Series Option Expiration: Friday, June 20 is the last trade date for June listed positions. Long Option positions that are $0.01 or more in-the-money will be auto-exercised

If you want to exercise an equity option position that is less than $0.01 in-the-money, or out-of-the-money as of expiration Friday, close of business OR if you do not want to be subjected to an auto exercise, call us with your instruction by 4:30 p.m. ET on Friday, June 20.
All remaining open option positions will be subject to the expiration process described above."
TOTALLY SIMPLE question is this ... why does CIBC openly and continuously lie to the Canadian public and it's customers while ripping them off? We'll be finding out citizens.

In this world telling lies to rip off people is 100% fraud.
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Having filed the paperwork we are now in a holding pattern as we await the lawyerly response. No question of what the reply will be and if anything we are now concentrating on fending off the obligatory motion to dismiss.

Replying to the defendant's denials is optional. In reality unless there is something TOTALLY offensive one lets that total chit stand (or fall) on it's own.
They talk about armed robberies all the time butt geezus who do we call when its CIBC forking you over stupid?